Posts

Check me 2

GameStop Soars As "Roaring Kitty" Returns, Raising Speculations of Another Meme Stock Rally

GameStop Soars As "Roaring Kitty" Returns, Raising Speculations of Another Meme Stock Rally GameStop Soars As "Roaring Kitty" Returns, Raising Speculations of Another Meme Stock Rally Shares of American video game retailer GameStop skyrocketed nearly 179% in just two days of trading this week, May 13 and 14. The catalyst for this rally was a social media post on an account named "Roaring Kitty," handled by Keith Gill, a social media influencer who advises people on stock market investment. Gill has been credited with setting off the so-called "Reddit rally" in January 2021 with his bullish calls on GameStop. The frenzy led to massive losses for many hedge funds and even resulted in Melvin Capital shutting down. He has now resurfaced by sharing memes on his account on the X platform. So what happened in 2021? How did "Roaring Kitty" help push GameStop shares into a frenzy, and more importantly, will it happen again? Let's try to und

WATCH: Donald Trump Pledges to Unravel Biden's Gun Regulations at NRA Rally in Dallas

PM Modi LIVE: Indian Prime Minister Narendra Modi Holds Public Meeting in Purulia, West Bengal

South Koreans Compete In "Best At Doing Nothing" Competition | Subscribe to Firstpost

LIVE: Joe Biden Launches Fresh Appeal for African-American Voters Amid Slipping Support

LIVE: UN Committee Discusses Rights of the Palestinians Amid the Gaza War | Israel Hamas War

LIVE: Donald Trump Demands Drug Test for Joe Biden Before First Presidential Debate

LIVE: South Africa Urges World Court to Order Gaza Ceasefire, Halt Israel's Rafah Operation

Gautam Gambhir's Surprise Response to Fan's Unique Plea | First Sports With Rupha Ramani

On Cam: Slovak PM Fico Shot Multiple Times in "Politically Motivated" Assassination Attempt

LIVE: Slovakia's PM Shot Multiple Times in Attempted Assassination; Sustains Critical Wounds

WATCH: Chinese President Xi Jinping Holds Welcome Ceremony for Russian President Vladimir Putin

China MoFA LIVE: China's Ministry of Foreign Affairs Holds Press Briefing